There have been a number of things pointed at to explain today's sell-off, one being Goldman Sachs reduced GDP forecast. I personally am in the "nothing can go up forever" / "market is overvalued" camp. BUT, here is Goldman via FT Alphaville regarding today's durable goods release:Headline gain is in line with consensus and below our figure, but with a composition less dependent on volatile components than some (including us) had expected. Bookings for capital goods recover almost all of past t....
EconomPic Data
